More US private fund managers are taking minority stakes in their industry peers and there are benefits for buyer and seller alike.
4 min read · 03 September 2018
Favoured for their relative liquidity, versatility and tax efficiency, Business Development Corporations are an increasingly prominent segment of the private debt market. Here are key developments from the past six months.
4 min read · 03 September 2018
Capital inflows and new entrants to the market have made investing conditions tougher, but Brent Humphries, president at AB Private Credit Investors – the direct lending platform of global asset manager AllianceBernstein – says opportunities can still be found.
6 min read · 03 September 2018
In a competitive US private debt market, maintaining discipline can be a challenge. The head of capital markets at Twin Brook Capital Partners explains the value of being selective.
6 min read · 03 September 2018
A sharp increase in market participants in the mid-market is pressuring loan pricing and covenants, so where does value sit in the sector?
7 min read · 03 September 2018
Last year was a record-breaker for the industry, but there have been warning signs of a downturn.
3 min read · 02 September 2018
The increase comes as unitranche loans made up almost half of last quarter’s leveraged buyouts.
1 min read · 30 August 2018
Smaller companies have been borrowing above the pre-crisis peak for several years.
1 min read · 30 August 2018
A new partnership comes amid the manager’s fundraising for its first Asian vehicle, sized over $250m.
2 min read · 30 August 2018
